paperTrade in the New Era

All-Inclusive! Easy to Use! Free

Start paperTrade

Broad Assets Classes & 24H Trading

All assets are available.

paperTrade at any time.

24/5

Trade US stocks during regular hours, pre-market, after-hours and overnight sessions.

Weekends

Nonstop weekend paperTrade available for Crypto & Event Contracts.

Trade Now!

Realistic Live-Trading Experience

• Live Market Speed

  • Level 2 Data
  • Power your paperTrade with live market Level 2 data.
  • Real-Time Pricing
  • Orders are processed and filled against real-time data.

• Advanced Order Suite

  • Active-Trader Toolset
  • Turbo Trader and Ladder Trader share identical mechanics with the live active-trader layout.
  • Indicators & Charting tools
  • Over 60+ technical indicators and 17+ charting tools.

• Synchronized Account Rules

  • No PDT Restrictions
  • Day trade without limits.
  • Multi-Asset Corporate Actions
  • From equity dividends to options exercises and expirations, asset events are mimicking real-world logic. Recurring and reinvestment are also provided.
  • Realistic Risk Management
  • Track initial and maintenance margins in real time. Experience margin calls and liquidations.

Build Strategies in paperTrade

Portfolio Blueprint

Build portfolios effortlessly. Test profitability risk-free.

Crypto Grid Trading

Run simulated grids until you’re ready to deploy real capital.

Order Types

Utilize Limit, Market, Stop, Stop-Limit, OCO, and Trailing Stops.

AI Trading Strategies

Leverage AI to build trading strategies and test them against live market data with zero risk of loss.

Multi-Leg Options

Safely deploy sophisticated, multi-leg options strategies like butterflies, condors, and spreads in paperTrade.

Portfolio Blueprint

Build portfolios effortlessly. Test profitability risk-free.

Crypto Grid Trading

Run simulated grids until you’re ready to deploy real capital.

Order Types

Utilize Limit, Market, Stop, Stop-Limit, OCO, and Trailing Stops.

AI Trading Strategies

Leverage AI to build trading strategies and test them against live market data with zero risk of loss.

Multi-Leg Options

Safely deploy sophisticated, multi-leg options strategies like butterflies, condors, and spreads in paperTrade.

Portfolio Blueprint

Build portfolios effortlessly. Test profitability risk-free.

Create Strategy!

Easy to Use

• Seamless Switch

  • One-Tap Switch
  • Switch between live trading and paperTrade with a single tap.
  • Distinct Themes
  • Distinct visual themes eliminate account confusion, preventing erroneous trades.

• Risk-Free Trial

  • Virtual Money
  • Unlimited virtual funds, protect yourself from real losses.
  • Reset Anytime
  • Feel free to reset, reload, and retry your trial whenever you want.

• Effortless Learning

  • Live Experience
  • Trade as if you were in the live account.
  • Minimal Extra Learning
  • Switch to live trading with zero friction and no extra learning.

Try paperTrade right now!

paperTrade FAQs

• What is paperTrade?
• Can new traders use paperTrade?
• Can experienced traders use paperTrade?
• Why choose Webull?
• How to use paperTrade on Webull?
• What about the legacy paperTrade?